Kalyani Rafael Advanced Systems Private Limited secures contract worth INR 2875.1 Million

Kalyani Rafael Advanced Systems Private Limited, a joint venture company between Kalyani Strategic Systems Limited (a wholly owned Defence subsidiary of Bharat Forge Limited) and Rafael Advanced Systems Limited of Israel, has bagged an order amounting to Rs. 2875.1 Million inclusive of taxes from the Indian Ministry of Defence for the supply of Missile Systems. The order is expected to be executed over the next twelve months.

Shares of Bharat Forge Limited was last trading in BSE at Rs. 1021.85 as compared to the previous close of Rs. 1041.75. The total number of shares traded during the day was 54453 in over 4184 trades.

The stock hit an intraday high of Rs. 1049.95 and intraday low of 1018.85. The net turnover during the day was Rs. 56233872.00.

Source : Equity Bulls

Keywords

BharatForge INE465A01025 KalyaniRafaelAdvancedSystems OrderWin KalyaniStrategicSystems Defence